After Tesla, Vietnamese EV maker VinFast enters India, opens first showroom in Gujarat

[ad_1] Vietnamese electrical automobile (EV) maker VinFast has opened its first showroom in Surat, Gujarat, marking its official entry into the Indian market. This vital step precedes the inauguration of its manufacturing plant in Thoothukudi, Tamil Nadu, underscoring the corporate’s dedication to establishing a robust presence within the nation’s rising EV sector. The corporate entered … Read more

Tesla stories 12% income drop in first quarter as Musk’s politics repel consumers; shares fall 3%

[ad_1] Tesla continues to really feel the affect of Elon Musk’s foray into politics a 12 months in the past, with the corporate reporting one other steep decline in each gross sales and income this quarter. On Wednesday, the electrical carmaker revealed that income fell by 12% and income dropped 16% within the April-June interval, … Read more

Tesla CEO Elon Musk warns of ‘teething pains’, factors to humanoid robotic program, AI and chip design for future progress

[ad_1] Elon Musk, the billionaire CEO of electrical automobile maker Tesla, has warned buyers to brace for a possible “tough” stretch forward because the Tesla Inc. Chief Government Officer Elon Musk warned of a possible tough stretch forward after the electrical automobile maker posted certainly one of its worst quarters in years. Income fell 12% … Read more

Tesla likely to begin first deliveries in India from August

[ad_1] (Bloomberg) — Tesla Inc. will open its first showroom in India on Tuesday and begin deliveries as early as next month, according to people familiar with the matter, as the Elon Musk-led electric vehicle maker looks to tap potential demand in the third-largest automobile market to counter slowing sales elsewhere. The opening of the … Read more